11/30/2009
NEWS BRIEFS
Grainger Acquires Canadian Distributor
The Canadian division of Grainger acquired the assets of the K&D Pratt Industrial Division. Terms were not disclosed.
Acklands-Grainger will control the industrial division, which reported 2008 sales of CAN 12 million (US$11.36 million). The Pratt division operates facilities in Darmouth, Nova Scotia; St. John’s, Newfoundland; and Saint John, New Brunswick.
“They are a leading distributor in Atlantic Canada and their solid customer relationships and service excellence will further enhance our strong local presence in this key and growing region,” said Sean O’Brien, President of Acklands-Grainger.
Acklands-Grainger distributes industrial, safety and fastener products, with seven locations in Atlantic Canada, including two new branches in Sydney, Nova Scotia and Fredericton, New Brunswick. ©2009 GlobalFastenerNews.com
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